Keystone Bank Launches EcoCycle Account for Green Economy

Keystone Bank has introduced the EcoCycle Account, a current account designed to support Nigeria's emerging circular economy. This initiative aims to empower businesses operating in the green sector, addressing the challenge of accessing tailored financial services.

The EcoCycle Account offers more than basic banking services, providing working capital, equipment financing, and competitive funding terms, along with free business clinics and financial advisory support. Hassan Imam, Managing Director and Chief Executive Officer of Keystone Bank, stated that the account is intended to close the financial knowledge gap that hinders circular economy enterprises in Nigeria.

The bank's goal is to not only provide financial services but also to enable the growth of green businesses and create lasting impacts. The EcoCycle Account is part of a broader strategy to foster innovation and sustainability, aligning with the Central Bank's initiatives to support green entrepreneurs and transform the financial landscape for sustainable economic growth.